Robert Sharp Towers I

Robert Sharp Towers I

Robert Sharp Towers I is a 110-unit existing elderly apartment building built in 1979 located in Miami Gardens, Florida. Robert Sharp Towers I was financed under the HUD 223(f) program which allows cash out. The new $3,368,000 HUD-insured loan has a 35-year term. The owner will make almost $17,000 per unit in repairs and upgrades.